The Senior Income Analyst is a key member of the Business Development team. They will be responsible for the invoicing of circa £100m of income for the Commissioning Support Unit (CSU). The post holder will work as part of the CSU Finance team and with the wider informal virtual teams (Associate Directors, Internal Contracts, Commercial, and Heads of Service). The post holder with the support of the Senior Income Analyst will be responsible for the day-to-day operation of the income tracking system and associated data quality. The post holder will assist the Income Accountant with the costing and pricing of multi-service bids, tenders, and frameworks. The post holder will also be responsible for the day-to-day Business Development queries and deadlines (internally to the Board and to external bodies) and lead various ad hoc projects as required.
Key areas of responsibilities will include:
Management
Manages the Income and Financial Systems Analyst including all aspects of staff management. If the analyst role is actively studying; this role will take on the role of training manager for the individual.
Actively participate in the CSU’s Future Finance initiative and looks for opportunities internally and externally to participate in the Finance Skills Development Network and Future Focused Finance. You will be able to demonstrate:
Support the development and implementation of training and supporting resources for CSU colleagues who have financial responsibilities within their roles.
Invoicing & Income Forecast
Produce the monthly invoicing of core income and liaise with Associate Directors and Internal Contracts to reflect any contract variations to the invoicing schedule.
Work with the Income and Financial Systems Analyst to improve and develop the current invoicing of pipeline income working closely with CSU Finance, Order to Cash (O2C), Heads of Service, and Associate Directors.
Working closely with CSU Finance Business Partners and Heads of Service to validate the income forecast from the income tracking system.
Improve and maintain data quality in the income tracking system.
Support the Income Accountant to develop automated invoicing from the income tracking system.
Annually update the income tracking system for the core contracts, creation of the core invoicing data table for the new financial year, and preparing the data for the finance section of core contracts.
Assist the Income Accountant with pricing for multi-service bids, tenders, and frameworks and provide ad-hoc support/advice to the CSU Finance Business Partners/ Heads of Service on costing/pricing of simple projects.
Reporting
Carry out the month-end reporting duties with the support of the Income and Financial Systems Analyst and escalate any risk to the Income Accountant.
Oversee the production of the monthly Partnership Group report liaising with the Senior Business Development team for any development work or ad-hoc reports that are required.
Other
Uses own initiative to prioritise daily workload in order to meet financial deadlines both internal and external without reference to a manager and works autonomously to achieve objectives within broad professional policies.
Support the organisational-wide education and dissemination of the income tracking system, invoicing, and costing/pricing principles assisting with the presentation of reports, seminars, and updates and participating in working groups to ensure we maximise potential benefits.
Changes and implements policy and procedures in own areas by reviewing, preparing, and updating procedure notes relating to the tasks of the role and the wider team.
Assist in the development of strong team relationships and relationships with key stakeholders across the organisation.
The duties and responsibilities outlined in this document are indicative and are not exhaustive. The post holder may be requested to carry out other tasks that are necessary.
If you have the skills and ambition to make a positive contribution to Walsall Healthcare Trust, please contact Westwood Harris Burns on 0161-527-6024 or info@harrisburns.com for an information pack or to arrange an informal discussion.
£33,706 - £40,588 per annum - Band 6
Location
Offices in Lancashire, Stoke and the Midlands
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